Vinaseed AGM: Independent director proposes planting a legume described as 'gold growing on soil'

On the morning of April 16, Vinaseed Joint Stock Company (Vinaseed, ticker NSC) held its 2026 annual general meeting of shareholders.

Board governance changes and clearer role

At the meeting, Professor, Doctor of Science and Academician Tran Dinh Long—member of the board of directors and president of the Vinaseed High-Level Scientific Council—said that over the past year the board had undergone many changes, ranging from the meeting room to the organizational structure, and that the board’s role had become clearer.

Quoting his guidance from management studies, Long said the board is the “money-on” part, while the executive team is the “money-making” part.

He also praised the company’s new modern governance model, noting that nine leading sector executives participate in the executive committee alongside the CEO, creating a “powerful synergistic effect” for Vinaseed.

Innovation pillars: science council and research institute

As an independent director, Long said the board has carried out its functions of strategic direction and supervision, and especially close partnership with the business.

He highlighted two innovation pillars that, in his view, have delivered superior results: the establishment of the High-Level Scientific Council and Vinaseed Research Institute (VRI).

Long said the Science Council brings together top experts and scientists who previously held important positions at the Ministry of Agriculture and Rural Development, strengthening Vinaseed’s research profile. He added that Vinaseed Research Institute (VRI) has significantly raised Vinaseed’s standing.

From seed sales to farmer solutions

Long argued that Vinaseed’s strength is not limited to seed sales. He said the company provides a comprehensive solution set for farmers, including high-price off-take of products.

He described this as a seamless integration of science and technology, markets, and international cooperation, saying Vinaseed has created tangible changes in the agricultural value chain that help farmers produce with confidence and sustainably increase incomes.

Future focus: legumes and soybean development

Looking ahead, Long urged Vinaseed to focus particularly on the legume family, alongside staples and vegetables. Examples he cited include soybeans, peanuts, and green beans.

He said, “Growing soybeans is like gold growing on land.” He added that tropical agriculture is prone to soil erosion, and that introducing legumes into crop rotation can reduce emissions from continuous rice farming while improving soil.

Vietnam’s soybean import gap and yield potential

Long said Vietnam imports up to 80% of its soybean needs for animal feed and soy milk. He stated that if Vinaseed develops this seed segment—using a short-duration soybean variety of about 85–90 days in the Red River Delta—soybean yields could reach 3 tons rather than 2 tons.

He linked this to support for “green agriculture,” higher efficiency, and further value creation in the seed value chain.

Collaboration outlook

Long expressed hope that, with the existing ecosystem and the strategy to deepen processing and increase value along the chain, Vinaseed together with PAN Group will contribute more to growth in the agricultural sector.